Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −11.0% APRnext payment −$1.00 per $10,000 · paid last 24h −0.017%
Price spread now: Bybit against BloFin−0.044%112s7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$700.698% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.096%+$10 · spread now −0.044%, 7d avg −0.102%
=The price spread pays, funding is against you. Bybit is 0.058% dearer against BloFin than usual: you sell high and buy low (spread −0.044% now, against its 7-day average of −0.102%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 46 hours. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ENS-USDT | 6.7460 | 0.0082 | pay 0.0082% / 8h | 27m 21s | $318K | $74K | 20x |
| Short | Bybit ENSUSDT | 6.7430 | −0.0018 | pay 0.0018% / 8h | 27m 21s | $5.4M | $3.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21.08
- Price spread: −0.044% → −0.102%
- $5.8
- Slippage, 4 orders
- −$46.81
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$85.09
- Costs to cover
- 0.698%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 45 min ago; Bybit: live order book, just now.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 45 min ago | 2.20 bp | 21.3 bp −$21 | 40.3 bp −$403 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 4.45 bp | 15.6 bp −$16 | 44.2 bp −$442 | doesn't fit | doesn't fit |
ENS on 15 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ENSUSD | −0.1947% | 1h | 6.7405 | −0.082% | $92K | $447K | 20x | as long as short |
| Gate ENS_USDT | −0.0248% | 8h | 6.7420 | −0.059% | $458K | $585K | 75x | as long as short |
| Variational Omni ENS | −0.0090% | 8h | 6.7592 | +0.196% | $111K | $5K | — | as long as short |
| OKX ENS-USDT-SWAP | −0.0074% | 8h | 6.7470 | +0.015% | $2.4M | $3.4M | 20x | as long as short |
| ApeX Omni ENSUSDT | −0.0050% | 1h | 6.7530 | +0.104% | $24K | $608K | 50x | as long as short |
| Bitget ENSUSDT | −0.0035% | 8h | 6.7410 | −0.074% | $2.9M | $1.3M | 75x | as long as short |
| Bybit ENSUSDTshort | −0.0018% | 8h | 6.7430 | −0.044% | $5.4M | $3.8M | 75x | |
| Aster ENSUSDT | +0.0034% | 8h | 6.7509 | +0.073% | $10K | $97K | 10x | as long as short |
| BloFin ENS-USDTlong | +0.0082% | 8h | 6.7460 | long leg | $318K | $74K | 20x | |
| Binance ENSUSDT | +0.0100% | 8h | 6.7490 | +0.044% | $5.5M | $13.9M | 75x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ENS_USDT | +0.0100% | 8h | 6.7460 | 0.000% | $5.5M | $860K | 75x | as long as short |
| KuCoin ENSUSDTM | +0.0100% | 8h | 6.7510 | +0.074% | $1.8M | $138K | 50x | as long as short |
| BingX ENS-USDT | +0.0100% | 8h | 6.7460 | 0.000% | — | $3.6M | — | as long as short |
| Extended ENS-USD | +0.0104% | 1h | 6.7453 | −0.010% | $1K | $181K | 10x | as long as short |
| Hyperliquid ENS | +0.0285% | 1h | 6.7628 | +0.249% | $3.1M | $412K | 5x | as long as short |
BloFin ENS-USDT
Bybit ENSUSDT
Kraken Futures PF_ENSUSD
Gate ENS_USDT
Variational Omni ENS
OKX ENS-USDT-SWAP
ApeX Omni ENSUSDT
Bitget ENSUSDT
Aster ENSUSDT
Binance ENSUSDT
MEXC ENS_USDT
KuCoin ENSUSDTM
BingX ENS-USDT
Extended ENS-USD
Hyperliquid ENS